ISEC Healthcare (SGX:40T) Cyclically Adjusted PS Ratio: 2.86 (As of Aug. 29, 2026) — 25% Below Median

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SGX:40T ISEC Healthcare Ltd SGX:40T
63 GF Score
Price S$0.32
GF Value S$0.44
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is ISEC Healthcare Cyclically Adjusted PS Ratio?

ISEC Healthcare SGX:40T 63 Cyclically Adjusted PS Ratio is 2.86 as of Aug. 29, 2026, which is 25% below its 10-year median of 3.80. GuruFocus rates SGX:40T with a GF Score™ of 63/100 and a GF Value™ of S$0.44 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 360 Healthcare Providers & Services companies, ISEC Healthcare ranks worse than 74.44% on this metric.

As of today (2026-08-29), ISEC Healthcare's current share price is S$0.315. ISEC Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was S$0.11. ISEC Healthcare's Cyclically Adjusted PS Ratio for today is 2.86.

The historical rank and industry rank for ISEC Healthcare's Cyclically Adjusted PS Ratio or its related term are showing as below:

SGX:40T' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.68   Med: 3.8   Max: 5.22
Current: 2.73

During the past years, ISEC Healthcare's highest Cyclically Adjusted PS Ratio was 5.22. The lowest was 2.68. And the median was 3.80.

SGX:40T's Cyclically Adjusted PS Ratio is ranked worse than
74.44% of 360 companies
in the Healthcare Providers & Services industry
Industry Median: 1.2 vs SGX:40T: 2.73

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

ISEC Healthcare's adjusted revenue per share data for the three months ended in Jun. 2026 was S$0.039. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is S$0.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ISEC Healthcare  (SGX:40T) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


ISEC Healthcare Cyclically Adjusted PS Ratio Related Terms


ISEC Healthcare Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ISEC Healthcare's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ISEC Healthcare Cyclically Adjusted PS Ratio Chart

ISEC Healthcare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 5.09 4.05 2.93

ISEC Healthcare Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 3.30 2.93 3.07 2.77

SGX:40T vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, ISEC Healthcare's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ISEC Healthcare Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, ISEC Healthcare's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ISEC Healthcare's Cyclically Adjusted PS Ratio falls into.


SGX:40T
63GF Score
ISEC Healthcare Ltd SGX:40T
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ISEC Healthcare Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

ISEC Healthcare's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.315/0.11
=2.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ISEC Healthcare's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, ISEC Healthcare's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.039/333.9520*333.9520
=0.039

Current CPI (Jun. 2026) = 333.9520.

ISEC Healthcare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.015 241.428 0.021
201612 0.017 241.432 0.024
201703 0.016 243.801 0.022
201706 0.018 244.955 0.025
201709 0.019 246.819 0.026
201712 0.018 246.524 0.024
201803 0.019 249.554 0.025
201806 0.020 251.989 0.027
201809 0.019 252.439 0.025
201812 0.020 251.233 0.027
201903 0.019 254.202 0.025
201906 0.020 256.143 0.026
201909 0.020 256.759 0.026
201912 0.022 256.974 0.029
202003 0.017 258.115 0.022
202006 0.010 257.797 0.013
202009 0.020 260.280 0.026
202012 0.018 260.474 0.023
202103 0.016 264.877 0.020
202106 0.018 271.696 0.022
202109 0.015 274.310 0.018
202112 0.024 278.802 0.029
202203 0.021 287.504 0.024
202206 0.029 296.311 0.033
202209 0.032 296.808 0.036
202212 0.030 296.797 0.034
202303 0.030 301.836 0.033
202306 0.031 305.109 0.034
202309 0.032 307.789 0.035
202312 0.030 306.746 0.033
202403 0.029 312.332 0.031
202406 0.032 314.175 0.034
202409 0.033 315.301 0.035
202412 0.035 315.605 0.037
202503 0.031 319.799 0.032
202506 0.035 322.561 0.036
202509 0.036 324.800 0.037
202512 0.036 324.054 0.037
202603 0.032 330.213 0.032
202606 0.039 333.952 0.039

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 2.86 mean?
ISEC Healthcare (SGX:40T) has a Cyclically Adjusted PS Ratio of 2.86 as of Aug. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ISEC Healthcare and its competitors. This is 25% below median its historical median of 3.80. Over the past decade, ISEC Healthcare's Cyclically Adjusted PS Ratio has ranged from 2.68 to 5.22. According to the industry distribution chart, ISEC Healthcare ranks #268 out of 360 companies in the Healthcare Providers & Services industry, placing it in the top 74.4%.
Is ISEC Healthcare's Cyclically Adjusted PS Ratio too high?
ISEC Healthcare's current Cyclically Adjusted PS Ratio of 2.86 is 25% below median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 5.22. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.20. ISEC Healthcare's value of 2.86 is 138.3% above this industry median. Based on the distribution chart, ISEC Healthcare ranks #268 out of 360 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, ISEC Healthcare has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ISEC Healthcare's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, ISEC Healthcare ranks #268 out of 360 companies for Cyclically Adjusted PS Ratio. This places ISEC Healthcare in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.20. ISEC Healthcare's value of 2.86 is 138.3% above this benchmark. Historically, ISEC Healthcare's own Cyclically Adjusted PS Ratio has ranged from 2.68 to 5.22 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 1.20, ISEC Healthcare has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.20, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ISEC Healthcare's current Cyclically Adjusted PS Ratio of 2.86 is 138.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on ISEC Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ISEC Healthcare's current Cyclically Adjusted PS Ratio is 2.86, which is 25% below median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ISEC Healthcare stock overvalued right now?
Based on GuruFocus' analysis, ISEC Healthcare (SGX:40T) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.44, compared to a current price of S$0.32 — trading 28.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.86, which is 25% below median its 10-year median of 3.80 and 138.3% above the Healthcare Providers & Services industry median of 1.20. ISEC Healthcare's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For ISEC Healthcare (SGX:40T), the current Cyclically Adjusted PS Ratio is 2.86 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ISEC Healthcare (SGX:40T) Overvalued in 2026?

Based on GuruFocus' analysis, ISEC Healthcare stock appears to be undervalued. The current stock price of S$0.32 is trading 28.4% below its estimated GF Value™ of S$0.44. GuruFocus considers ISEC Healthcare to be Modestly Undervalued.

Key valuation signals for SGX:40T:

  • Cyclically Adjusted PS Ratio: 2.86 (25% below median its 10-year median of 3.80)
  • GF Value™: S$0.44 vs. price of S$0.32 (28.4% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 138.3% above the Healthcare Providers & Services median (#268 of 360)

No single metric tells the full story. See the SGX:40T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ISEC Healthcare Business Description

Address 51 Goldhill Plaza, No. 10-07/08, Singapore, SGP, 308900
ISEC Healthcare Ltd principal activity of the Company is that of an investment holding company. It is regional provider of comprehensive medical eye care services with ambulatory surgical centres. The company has two reportable segment which are Specialised health services: provision of medical care, consultancy, treatment and surgery in the field of ophthalmology; and General health services: provision of general medical and procedural treatment services. The majority of revenue comes from Specialised health services segment. The company has presence in Singapore, Malaysia, and Myanmar. The company generates majority of revenue from Malaysia.
63GF Score

Get the complete analysis for SGX:40T

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.32
Price
S$0.44
GF Value